35, RASEN ROAD, TEALBY, MARKET RASEN, LN8 3XL - £415,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

35 RASEN ROAD is a large detached house of 188m², built sometime from 2007 onwards. It was last sold for £415,000 in May 2017, which was around 95% above the average May 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

35 RASEN ROAD Sold Prices

Land registry data shows three sales for 35 RASEN ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. One of the three 35 RASEN ROAD sales was for above the average price, whilst two were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 19 MAY	£415,000	£212,769	95% above HPI
2004 4 OCT	£130,000	£172,079	24% below HPI
2001 17 MAY	£80,000	£81,781	2% below HPI

35 RASEN ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 35 RASEN ROAD sales between May 2001 and May 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2004 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2017 sale, where it rises to 95% above the HPI. The line then continues to track at 95% above the HPI.

How Large is 35 RASEN ROAD?

35 RASEN ROAD is 188m² according to the EPC inspection conducted in September 2016. This puts it in the largest 30% of detached houses in Tealby, based on EPC data. The below chart shows the distribution of detached houses by size in Tealby, and where 35 RASEN ROAD lies on this distribution: 73% of detached houses are smaller than 35 RASEN ROAD, and 27% of houses are larger. Note that EPC data is not available for all properties in Tealby.

35 RASEN ROAD: Plot and Title Map

35 RASEN ROAD sits on a plot of roughly 0.577 of an acre, or 2,336m². The below map shows the location of 35 RASEN ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 35 RASEN ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 35 RASEN ROAD?

35 RASEN ROAD is located in TEALBY, in the LN8 postcode district. The below map shows the position of No. 35 on RASEN ROAD.